
Phoenix, AZ 85014
This Midtown Phoenix Townhouse represents a High-Potential Investment Opportunity, listed at $350,000—positioned well above the $316,885 Fair Market Value by 10%. While currently priced above market, the property features a Condition Rating of 4, offering significant upside through cosmetic modernization. Key assets include a 2023 HVAC system and a rare attic storage space. Located near Madison Richard Simis School (Rating 7), this unit is an ideal project for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1336 E Maryland Avenue 10 Subject | $339,900* List Price | 2 | 2 | 1,279 | $253 | - |
A 1017 E MARYLAND Avenue 119 Sold | $329,000 List Price | 2 | 3 | 1,067 | 0.4 mi | |
B 5550 N 12TH Street 24 Active | $285,000 List Price | 2 | 2 | 1,176 | $242 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property features a functional but very dated kitchen with original-style oak cabinetry and older white appliances. Bathrooms also show significant age. While the interior is well-maintained and move-in ready, it requires cosmetic updates. A major highlight is the excellent condition of the HVAC system, which was replaced in 2023.
Situated in the heart of Midtown Phoenix, the property offers exceptional proximity to Uptown Plaza, the Biltmore area, and major dining hubs, ensuring high convenience and lifestyle appeal.
A new 3-ton RUDD R-410A heat pump installed in 2023 with a 10-year warranty provides peace of mind and significant energy efficiency in the Arizona climate.
The unit features vaulted ceilings that enhance the sense of space, complemented by a rare attic storage area with retractable steps, offering utility seldom found in similar condominiums.
With 120 days on the market, the property may face perception challenges regarding its pricing or condition relative to newer or fully renovated units in the area.
The suggestion to 'add personal touches' indicates that the interior may require additional investment for modernizing finishes to meet current buyer expectations.
Located in the heart of Midtown Phoenix, this townhouse offers an unbeatable central location near some of the city's most desirable dining, shopping, and entertainment. Minutes from Uptown Plaza, Central Avenue restaurants, the light rail, and quick access to Downtown Phoenix, Arcadia, and the Biltmore area, convenience is truly at your doorstep. Truly a low-maintenance living experience! Inside, the home offers a functional bedroom layout, generous living space, and vaulted ceilings that add to the open feel. Residents enjoy access to a well-kept community pool, perfect for relaxing and unwinding during Arizona's warmer months. Excellent opportunity to enjoy Midtown living while adding your own personal touches over time. 3 ton RUDD R-410A Package Heat Pump with 10 year warranty was installed 6/28/2023. Cathedral ceiling provides an attic, accessible by retractable steps from small bathroom, with a light and metal shelving around the walls.
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades 5-8 • 1.4 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,279 | - |
| Lot Size | 1,840 | - |
| Price | $339.9K | $310.8K |
| Price per sq ft | $266 | $272 |
| Built year | 1980 | 0 |
| HOA | $320 | $0 |
| Days on market | 166 | 1408 |
Jun 25, 2026
$339,900
$350,000
-3% Price Drop
Initial Listing
Feb 6, 2026
$350,000
Initial Listing